Examlex
The method of valuing stocks in which the revenue per share of a specific firm is multiplied by the mean industry ratio of share price to revenue is called
Frederick W. Taylor
Known as the father of scientific management, he introduced time studies and standardized work processes to improve industrial efficiency.
Frank Gilbreth
An early proponent of time and motion study, aiming to improve workplace efficiency by analyzing tasks and reducing unnecessary motions.
Assembly Operation
The process in manufacturing where individual components are joined to form a complete product or part of a product.
Allowance Factor
A factor used in planning and scheduling to account for potential deviations from standard or expected performance.
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